Weibo Corp ADR (NASDAQ:WB) currently has a daily average trading volume of 2.52M but it saw 1627267 shares traded in last market. With a market cap of 1.47B USD, the company’s current market price of $9.44 came falling about -3.87 while comparing to the previous closing price of $9.82. In past 52 weeks, the stock remained buoying in the range of price level as high as $15.09 and as low as $7.12.
Taking a look at 20-day trading activity of Weibo Corp ADR (WB) gives us an average price of $8.56, while its current price level is -37.43% below from 52-week high level whereas it is 32.57% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $8.91 while that of 200 days or SMA-200 reads an average of $10.73. A closer look into the stock’s movement over the week reveals that its volatility is standing at 4.53% during that period while stretching the period over a month that decreases to 4.02%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 61.30 which implies that the stock is in neutral territory.
UBS upgraded its recommendation for the stock as a “Buy” from “Neutral” on March 19, 2024 while assigning a price target of $11.50. BofA Securities also issued its recommendations for the stock as it downgraded the price target for the stock in the range of between $19.50 and $10.
Over the week, WB’s stock price is moving 10.02% up while it is 14.21% when we observe its performance for the past one month. Year-to-date it is -5.08% down and over the past year, the stock is showing a downside performance of -31.76%.
Currently, Weibo Corp ADR’s total number of outstanding shares is 155.49M. Company’s return on investment (ROI) stands at 6.47% and return on equity (ROE) at 10.18%. It has a price to earnings ratio (P/E ratio) of 6.60 while having a 4.72 of forward P/E ratio. Stock’s beta reads 0.25. Stock has a price to book (P/B) ratio of 0.43 while price to sale or P/S ratio amounts to 0.83. Its return on asset (ROA) is 4.76% on average.
